RUSSIA: KLP delays construction of new plant

KLP Soft Drinks,which represents A.G Barr in Russia, has postponed the construction of a new plant until May when it hopes finance for the $15m project will be finalised. News agency, Interfax reported on Friday that KLP is currently holding talks with a Moscow bank for the funding. Its original investor Agribusiness Management had to pull out as it was already funding seven other Russian companies, reaching its limit of £100m.

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